When the bounce began in gold stocks (GDX, HUI, etc.) we used the green shaded zone below as critical support to a continued bounce. GDX
With interest rates making big headlines so too will dollar-bullish headlines come about. Any short-term weakness in the gold sector would theoretically be the ‘anti-USD’
USD is at at the center of everything right now. It dropped and the global anti-USD trade bounced, as expected. We targeted the 200 day
A simple daily chart view of HUI showing what needs to happen in order for Huey not to abort its bounce potential. It needs to
When we were originally alerted to the coming slowdown in Semi Equipment, my industry contact had been working to a Q4 2018 to Q1 2019
There is a lot of chatter going on about interest rates with multitudes of chart jockeys noting the bearish state of long-term bonds (bullish yields)
SPX keeps the bull trap scenario alive by not making a higher high before today’s downturn. That downturn only filled a gap so at face
SPX has negated the minor slip below the January high we noted in NFTRH 516. It is back above that level and today made a
Technical We have gone on about the bad fundamentals for too long now. With the sector washing out it would be best for a buyer
I want to open up an occasional new direction for NFTRH+, where as situations present we deviate from strict chart setups and when I feel
We track the Biotech iShares each week, and here is the up to the minute view of a constructive situation breaking to a bullish one.
In yesterday’s update we noted some bullish ‘quant’ data from Sentimentrader related to the current sentiment conditions for gold. To me, it’s a moderate positive.
Yesterday we concluded… Bottom Line Market Internals are holding up and with the summer volumes caveat, the US stock market is breaking out (barring a
Many internals indicators bounced with the markets yesterday. Among them were SPX & NDX new highs/lows, Junk bond to Investment Grade & Treasury ratios, TIP/IEF